It is unsustainable. Ask Greece. The only way they’re being propped up right now is by massive infusions of money from outside their economy. America is too big to use that solution.

hawksruleva on November 19, 2012 at 4:07 PM

True. America’s solution is quite different. Greece can’t print it’s on money, since it’s on the euro. It can’t print gobs of drachmas anymore so that it can pay off it’s debt with money that isn’t worth the paper it’s printed on. America is quite different. We will never risk defaulting on our debt because we can print money. Instead, we’ll have a whole different problem. We’ll print all the money we need to pay off our debt, but the value of those dollars will be nothing. Of course, that gives us a whole different problem… that of having a worthless currency which drives up the price of goods, and then we can all look like Wiemar Republic German citizens carrying our wheelbarrow full of money to the store to buy a single loaf of bread.

I guess it speaks to the old saying, “Those who do not know history are doomed to repeat it.”

The good thing about watching this is that it it isn’t sustainable, it’s going to be the city dwellers with no skills and no guns who will suffer most. Out here in Jesusland we’ll probably be just fine. We have land, and skills, and guns.

rockmom on November 19, 2012 at 3:51 PM

The Red States shall inherit the earth.

ericdondero on November 19, 2012 at 3:51 PM

And, then, you have the opportunity to explain to them that they certainly do have a right to free speech, just as you have a right of freedom of association, and you can fire them since it’s your business. Oh, and the definition of censorship, too (which it ain’t).

Prior to the election I didn’t worry that much about tax reduction. I earned enough that the taxes didn’t adversely affect me or my family and I still had a sense of civic duty.

Now though, I’m taking a leaf out of Warren Buffet’s playbook. He’s on record saying, on 60 Minutes not that long ago, that he’s spent his entire life learning how to minimise his tax burden (and yet he’s held up by the left as a tax paying role model – go figure). So thanks to the leechers that voted for more Obama, I’m now going to do the same. I’m going to spend more time in the coming years learning about tax reduction than I will about growing my business.

The sad part about that is that I’ll probably be better off – and those are words you’ll never hear a lefty say.

We keep saying the current system is unsustainable. But what if it isn’t? Liberals seem to be convinced it isn’t.

rockmom on November 19, 2012 at 3:51 PM

It is unsustainable. Ask Greece. The only way they’re being propped up right now is by massive infusions of money from outside their economy. America is too big to use that solution.

The bottom line is, as fewer and fewer people work, the less real money their is in your economy. So you end up using the profits from future labors to pay for present idleness. Even the ant and the grasshopper know how that will work out.

rockmom on November 19, 2012 at 3:51 PM

Time to stock up and get ready. A few extra items seems only prudent, eh?

Or as in the case of Hostess:

Bakers vs. as Takers

honsy on November 19, 2012 at 3:41 PM

FIFY

The good thing about watching this is that it it isn’t sustainable, it’s going to be the city dwellers with no skills and no guns who will suffer most. Out here in Jesusland we’ll probably be just fine. We have land, and skills, and guns.